We really shouldn't be writing any post on a Monday night. It just seems so wrong like we are some kind of nerdy workaholics who do not have a life. Monday nights are for those serious underground party goers who really really know how to PARRRTY if you didn't know. Anyway, we were just looking at the prospectus of the SPDR (State Street Global Advisors) Gold ETF shares and read something interesting which we thought we should share since its highly related to the news about IMF selling their GOLD reserves.Of course, they might not sell in the end as taken directly out of a quote of MarketWatch " ....... the U.S. Congress must approve the proposal, and most member countries also will have to enact legislation to expand the IMF's investment authority."

Taken directly from the SPDR GOLD ETF prospectus ( written in 2004)
"Substantial sales of ......